Feb. 18th, 2009

peterbirks: (Default)
Too many people trying to give you City AM
Aggressive pedestrians
Stupid legal restrictions on web sites that stop you accessing links depending on your country of residence.


The last was a funny one this morning. Insurance Australia Grooup put up a Regulatory News Service Announcement in the UK about a Market Update and tender. It linked through to the IAG site. But you couldn't access the release unless you were resident in Australia. So I phoned IAG in Sydney and pointed this out. Vicky at IAG agreed on its complete illogicality. It appears that the lawyers on one side insist that the information not be accessible, but the compliance officers on the other side insist that IAG make the announcement that it is there! marvellous.

And, as Vicky kindly helped out, I managed to find the info on the Australian Stock Exchange web site anyway. I'm sure that a lawyer out there (like an auditor or an actuary) will explain why this makes sense (like the accountant at a meeting I went to who could not understand our arguments that for some companies it was wrong to insist on a year-by-year accounting system -- I might as well have tried to change the value of Pi.)

+++++

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